Goldman Sachs Reiterates Buy on Baidu, Raises Price Target to $197
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Lincoln Kong has reiterated a 'Buy' rating on Baidu (NASDAQ:BIDU) and raised the price target from $183 to $197.
July 17, 2023 | 9:52 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Goldman Sachs has reiterated a 'Buy' rating on Baidu and raised the price target from $183 to $197, indicating positive sentiment towards the stock.
The reiteration of the 'Buy' rating and the increase in price target by Goldman Sachs indicates a positive outlook for Baidu. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100